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China Earnings Analysis: 
Shanda Interactive Net Up 29%
Author: Trupti Mehta
123jump.com
Last Update: 6:11 AM ET March 01 2010


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Shanda Interactive Entertainment Limited revenues rose 47% to Rmb 5.24 billion and net profit rose 29% to Rmb 1.59 billion or Rmb 22.90 a share.

 
7:10PM Hong Kong, China - Shanda Interactive Entertainment Limited revenue rose 47% and net profit rose 29%.

Shanda Interactive Entertainment Limited, an interactive entertainment media company reported 2009 revenues rose 47% to Rmb 5.24 billion from Rmb 3.57 billion a year ago. Net profit in the year rose 29% to Rmb 1.59 billion or Rmb 22.90 per ADS compared to net profit of Rmb 1.23 billion or Rmb 16.98 per ADS a year ago.
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